Nostra Terra lifts oil output, Pine Mills production doubles
The Texas-focused exploration and production company said production at Pine Mills has reached 106 bopd, nearly doubling since workovers began. Three of the five planned phase 2 well workovers have ...
Troubled John Wood confirms bid approach from previous suitor, Sidara
Talks between the two firms broke down last year after Sidara made a series of attempts to buy the Aberdeen-based engineering and consulting business. Sidara's final tilt, priced around 230p per share ...
LONDON BROKER RATINGS: Goldman cuts Eutelsat, Stifel cuts Renewi
Deutsche Bank Research cuts M&G price target to 225 (230) pence - 'hold' Berenberg raises BP price target to 450 (440) pence - 'hold' Barclays cuts Anglo American price target to 2,820 (2,880) pence - ...
Gooch & Housego shares rise as order book grows; outlook optimistic
The Somerset, England-based photonics components and systems manufacturer said its order book has increased by 21% to GBP126.4 million from GBP104.5 million as at September 30, when its financial year ...
Sealand Capital investee Evoo AI obtains trademark for Olive brand
(Alliance News) - Sealand Capital Galaxy Ltd on Monday said investee Evoo AI PLC, which provides an artificial intelligence-driven luxury e-commerce platform, has obtained trademark protection for its ...
LONDON BRIEFING: BAE Systems ups payout; Glencore announces buyback
Sterling bought USD1.2616 shortly before the UK data, and spiked to USD1.2634 moments later, before fading again. Here is what you need to know at the London market open: FTSE 100: called down just ...
Litigation Capital Management fails to win Quintis class action
The court ruled that the former director of Quintis and its auditors, Ernst & Young Global Limited, engaged in "misleading and deceptive conduct" in financial statements. However, the court found that ...
Rosebank Industries mulls acquisition of Electrical Components
(Alliance News) - Rosebank Industries PLC on Wednesday said it is considering to buy Electrical Components International Inc, a US manufacturing business.
City of London Investment Trust ups interim payout as beats benchmark
The FTSE 250-listed investment firm, which targets long-term growth through equities listed on the London Stock Exchange, said net asset value per share with debt at fair value ticked up 0.3% to 430.8 ...
Lloyds hails robust results but motor charge sends profit into reverse
Lloyds lifted its final dividend by 15% to 2.11 pence per share final dividend, giving a 3.17p per share total payout, up 15%. It also plans a GBP1.7 billion share buyback, down 15% from GBP2.0 ...
Anglo American swings to 2024 loss on huge write-downs, but shares up
Anglo American reported revenue of USD27.29 billion in 2024, down 11% from USD30.65 billion. As a result, underlying earnings before interest, taxes, depreciation and amortisation fell 15% to USD8.46 ...
Orosur Mining progresses early stage exploration project in Argentina
This represents a "key stage in the exploration agreement", said Chief Executive Brad George, as the company has now earned a direct 51% interest in the Argentine company that owns the exploration ...